Sec. 2551.302. REQUIREMENTS FOR REINSURING POLICIES. A title insurance company may reinsure any of its policies and contracts issued on real property located in this state or on policies and contracts issued in this state under Chapter 2751, if:
(1) the reinsuring title insurance company is authorized to engage in business in this state under this title; or
(2) the title insurance company acquires reinsurance in accordance with Section 2551.305 or 2551.3055.
Added by Acts 2003, 78th Leg., ch. 1274, Sec. 6, eff. April 1, 2005.
Amended by:
Acts 2007, 80th Leg., R.S., Ch. 543 (S.B. 1153), Sec. 6, eff. September 1, 2007.
Acts 2011, 82nd Leg., R.S., Ch. 1059 (S.B. 322), Sec. 2, eff. September 1, 2011.
Acts 2015, 84th Leg., R.S., Ch. 38 (S.B. 572), Sec. 2, eff. September 1, 2015.
Section: Previous 2551.255 2551.256 2551.257 2551.258 2551.259 2551.260 2551.261 2551.301 2551.302 2551.304 2551.305 2551.3055 2551.351 2551.352 2551.353 NextLast modified: September 28, 2016